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the ground reporting from across the continent and all the french stuff. the mazda u. t. w is africa every friday on d, w. these places in europe are smashing all the records step into a bold adventure. it's the treasure map for modern globetrotters. discover some of you will record breaking sites on your back. youtube and now also in book form ah, called the u. s. a set off its own opec. the white house says its considering its options after the oil called l flashed output for the coming months for cross to our correspondent in the states us by on russian seafood could have given us

fishermen a stronger hold on their domestic market. but as that proven to be the case, and kim kardashian this modem, foul of financial regulators for promoting a crypto currency, we'll look at the secretive world of star endorsement. this is day to be a business on robots in berlin. welcome to the program. all options are on the table that spin their response from the white house following opec plus is decision to slash oil out put the $2000000.00 barrels per day cut in production comes at a bad time for the biden administration with us food prices, fuel prices, even sets to rise just ahead of mid term elections. russia also stands to gain from the decision at a time when western allies are trying to squeeze its oil income over its invasion of ukraine. to let's get more on this from our correspondence at the new york stock exchange, teddy australia, teddy, when the u. s. that says all objects are all options are on the table. what do they

mean? what are some ambiguity around those options? right now we don't know the specific trying to resist the influence of opec, but i'll give you a couple people are talking about 1st, which is probably the most realistic is releasing more oil from the strategic petroleum reserve. is something the united states has already done, releasing more oil on to the global markets to try to bring prices down. another one is trying to coax us oil to produce more oil. now that might pose difficulties because of the lack of investment in recent years. and the lack of spare capacity. now the one, lots of people are talking about perhaps most severe is an export ban of oil. this would mean that oil stays here in the united states, pushing prices down. but of course, this would be very difficult for the rest of the world suffering from an energy crisis and highly dependent on exports of usaa oil. if big coal, wouldn't it,

how much is domestic politics playing into the white house response? here is joe biden. have half an eye on those mid term elections? well, i'd say he may be has both eyes on the mid term elections. the pressure is really on right now. there are expectations that republicans could take the senate, could take the house of representatives, which would be quite catastrophic for the democratic president. now, how does oil tie into all of this? well, inflation, polls say is the number one issue for voters, for american voters? gasoline, of course, is on the list of those products. america's car country, people depend on gasoline cars rather. so. yes, biden may have to consider this very deeply moving. it's november. okay to the australia, the new york stock exchange for us. thank you very much. now u. s. ban on sea food imports from russia for its invasion of ukraine was supposed

to sap billions of dollars from vladimir putin war machine. it also when the u. s. fisherman expected a major competitor to disappear from the market, but that's not how it's working. out sammons season has begun in southern alaska, fish and seafood are the state's main commodities. the vast majority is sol domestically until recently, many products also came from russia, an unsavory competitor in the domestic market. but there is new optimism in the fishing village of cordova. the fishing industry, these great this you and i hope the prices come in better, you know, is, is a good market, good fishing and as a team the man, this is great is so the whole world is hungry in this town. purvey lot of food for a lot of different states, lot of different countries to for the last 5 years, the company, 60 north,

has specialized in wild salmon. the company mainly serves the us market. russian producers were an unwelcome competitor because they could offer much cheaper prices . 60 north couldn't compete. now things look better. well, one problem is that russian products haven't completely disappear from the market yet. we have a lot of product that is banned from russia, but yet they have an inlet where they can go produce and china and then bring it in that way too. and it's somewhat confusing. i'm not clearly labeled. and i think that one of the things is, you know, we need all pay attention to corey lusher, works in the crabbing industry in alaska, a market in which russia was also a major player, or perhaps still is fortunately, i've leisure says russia is circumventing sanctions. it comes through other other countries and it's then processed in other countries and it's not required to have

labeling when it comes into, into our markets. and so russian crab can go to places like china, primarily china, and they cook it, and they, they process that some of it may be illegally caught and, and then it's sent back into our market. and so without country country of origin labeling, there is no way to trace that back to russia. but alaska's initial optimism over sanctions against russia is waiting now till. and there is deep disappointment in the fishing industry because russian products remain in the market. though, hidden from view now let's take a look at some of the other global business stories making the news. a french court has knocked more than 700000000 euros of a fine imposed on afo after it lost an antitrust case in 2020. the initial fine was a record 1100000000 euros. the tech giant says it plans to appeal having to pay the

remaining $370000000.00. german factory orders fell again in august after a short rest by the previous month. the latest numbers show a drop of 2.4 percent as industrial clients and consumers, both foreign and domestic or did less. the full is fueling fears, germany is entering a recession. ratings agency fitch has lowered the outlook for its u. k. credit rating to negative. analysts say prime minister list trust is plans, tax cuts will cause a huge budget deficit. and also factoring and inflation. and the sinking poll numbers for the governing, conservative party no reality. tv star kim kardashian is certainly used to being in the headlines, but this time they're costing her money and a whole lot of it. she's been ordered to pay a $1300000.00 fine to the u. s. securities and exchange commission all

for an instagram post. the stock is worth $1800000000.00 had advertised a crypto currency called e max tokens, while failing to disco disclose when she got paid for it. she's not the only celebrity to be fine for pushing crypto back in 2020 actor steven seagal have to pay over $300000.00 for a similar stump. promoting bitcoin to gen, digital assets. you, as folks of floyd, may weather and music produce a d. j colored also on this list in 2018. they were both fined for promoting investments in sentra, another crypto currency company. so for more on this, you better to turn to that entertainment journalist k j matthews in los angeles. great, have you on the program, k, j, wiser celebrities? i think it's a pleasure. what. why do they seem so keen to get involved with crypto currencies? well, you know, i think the question better question is why are they keen to get involved? anything that they get paid for, they not actually be buying the products themselves. crypto currency has been all

the rage for a few years now. so as you just notice, d j can lead ah, boxer of floyd may, whether steven seagal, all of them had taken money from even matt damon. ah, and larry david, the actor have had touted it themselves. i think the reason why is because it's easy, you know, these crypto companies are willing to shell out. i mean like they do with kemper dash in a quarter of a $1000000.00. and what star likes to turn down money. i don't think any hollywood would want to turn down money, so it seemed easy for them. and they've been doing it for a while. and i think the s c c is saying, you know, when it comes to crypto currency, particularly here in united states, it's almost like the wild, wild west. and so there has to be some type of regulation. if you're going to be promoting any type of stock or something similar to a stock, or when it comes to specific crypto currency. so she thing all the better off to staying away from crypt,

currency saying is it is so unreliable as an investment in their own business program. we. let's talk about investments but, but also because it's just starting to look a little shady yet, you know, it's surprising that specific crypto currency that kim carr dash and promote it last year. i believe that was, it actually has gone down in value since then. so a lot of people are starting to question a whether this is a good investment, but here's what i'll say. i think that because of them going after came car dash and she's got more than 331000000 followers on instagram. she's in the top 10 in terms of people to follow on instagram. so she makes a lot of money. she has a lot of different businesses. and i think a lot of other celebrities and other influencers who are not, celebrities are saying, wo i think that what the sbc is doing is using her as example. now you're going to see celebrity, say ok, how do i make sure that i don't run a file of the law? her biggest problem was not that she didn't advertise it. remember kim cardiac

sheehan did use hash tag ad on her post last year. the problem, the s c c, which is the securities and exchange commission here in the us is saying she didn't tell people that she made more than a quarter of a $1000000.00. that was a problem. so it's not only disclosing that it's an ad, but also disclosing it specifically how much money you're making in certain circumstances is the problem. and i think moving forward, more celebrities will make sure that they're not running a follow that for sure. okay, so we don't have a lot of time just briefly a quarter of a $1000000.00 for this post. is that typical? no, it's actually very low. and i'm glad you asked that question. normally someone like kim carr dashing is good. i know it. look for kim hardy, actually not low for mere mortals like you and i it's high. but for kim hardy actually yes, she usually is somewhere between maybe between 400600000. because remember she has

more than 331000000. instagram followers, so it wasn't a low in, but you know, maybe come car dashing is saying if they're going to pay me a quarter of a 1000000, who am i to turn it down? but yes, definitely was on the the low in for someone like kim car dash, also taken mind that kim cardiac she doesn't have the most followers out of the car . dashing klan, it's kylie hardy, actually, and i think has more like 370000000 followers. i should be around even moment about these were actually out of time to really enjoy speaking to you. thank you so much for coming on the park. thank you. that's all from our show until next time. ah, 0, one continent. 700000000 people. with their own personal stories. europe. mm.

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